2 Bed Flat For Sale

The Property
#Cash Buyers Only#
A spacious ground floor flat located within a popular residential area on the southern outskirts of the City of Lincoln.

With accommodation comprising; entrance hall with storage cupboards, newly fitted kitchen, two double bedrooms, living/dining room and bathroom.

Outside there is an enclosed garden with fenced perimeter (newly installed fencing and gate) and an outside store.

The property benefits from Upvc double glazing and gas central heating as well as NO ONWARD CHAIN.

The property is an rental investment opportunity.

The property is situated to the South West side of the Cathedral City of Lincoln and benefits from being within easy access of local shops, schools and amenities as well as the A46 bypass with road link to the City Centre and the market town of Newark upon Trent. An early viewing is advised to avoid missing out on this great property.

Viewings can be booked 24/7 via purplebricks.co.uk or the Purplebricks App.

Lease Information
Lease has approximately 48 years remaining.

Ground rent / service charge is approximately £40 per calendar year.

Council tax band A

Due to the current lease length we are currently marketing to cash buyers only but we have investigated and had confirmation the lease can be extended back up to 125 years for a fee of £10,000 plus legal fees.


Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 25/12/2073

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.